Common use of Distributions, Subdivisions and Combinations Clause in Contracts

Distributions, Subdivisions and Combinations. If, at any time, the Company: (a) takes a record of holders of Shares of Series A Preferred Stock for the purpose of entitling them to receive a distribution payable in, or other distribution of, Shares of Series A Preferred Stock; (b) subdivides its outstanding Shares of Series A Preferred Stock into a larger number of Shares of Series A Preferred Stock; or (c) combines its outstanding Shares of Series A Preferred Stock into a smaller number of Shares of Series A Preferred Stock; then (i) the number of Shares of Series A Preferred Stock for which this Warrant is exercisable immediately after the occurrence of any such event shall be adjusted to equal the number of Shares of Series A Preferred Stock that a record holder of the same number of Series A Preferred Stock for which this Warrant is exercisable immediately prior to the occurrence of such event would own or be entitled to receive after the happening of such event, and (ii) the Exercise Price shall be adjusted to equal (A) the Exercise Price multiplied by the number of Series A Preferred Stock for which this Warrant is exercisable immediately prior to the adjustment divided by (B) the number of Series A Preferred Stock for which this Warrant is exercisable immediately after such adjustment.

Distributions, Subdivisions and Combinations. If, at any time, the Company: (a) takes a record of holders of Shares of Series A B Preferred Stock for the purpose of entitling them to receive a distribution payable in, or other distribution of, Shares of Series A B Preferred Stock; (b) subdivides its outstanding Shares of Series A B Preferred Stock into a larger number of Shares of Series A B Preferred Stock; or (c) combines its outstanding Shares of Series A B Preferred Stock into a smaller number of Shares of Series A B Preferred Stock; then (i) the number of Shares of Series A B Preferred Stock for which this Warrant is exercisable immediately after the occurrence of any such event shall be adjusted to equal the number of Shares of Series A B Preferred Stock that a record holder of the same number of Series A B Preferred Stock for which this Warrant is exercisable immediately prior to the occurrence of such event would own or be entitled to receive after the happening of such event, and (ii) the Exercise Price shall be adjusted to equal (A) the Exercise Price multiplied by the number of Series A B Preferred Stock for which this Warrant is exercisable immediately prior to the adjustment divided by (B) the number of Series A B Preferred Stock for which this Warrant is exercisable immediately after such adjustment.

Distributions, Subdivisions and Combinations. If, at any time, the Company: (a) takes a record of holders Holders of its Shares of Series A Preferred Stock for the purpose of entitling them to receive a distribution payable in, or other distribution of, Shares of Series A Preferred Stock;Additional Shares, (b) subdivides its outstanding Shares of Series A Preferred Stock into a larger number of Shares of Series A Preferred Stock; Shares, or (c) combines its outstanding Shares of Series A Preferred Stock into a smaller number of Shares of Series A Preferred Stock; then Shares, (i) the number of Shares of Series A Preferred Stock for which this Warrant is exercisable immediately after the occurrence of any such event shall be adjusted to equal the number of Shares of Series A Preferred Stock that a record holder of the same number of Series A Preferred Stock Shares for which this Warrant is exercisable immediately prior to the occurrence of such event would own or be entitled to receive after the happening of such event, and (ii) the Exercise Price shall be adjusted to equal (A) the Exercise Price multiplied by the number of Series A Preferred Stock Shares for which this Warrant is exercisable immediately prior to the adjustment divided by (B) the number of Series A Preferred Stock Shares for which this Warrant is exercisable immediately after such adjustment; provided that if any adjustment would reduce the Exercise Price to below the par value of the Shares, the Company will first reduce the par value to below such adjusted Exercise Price.

Distributions, Subdivisions and Combinations. If, at any time, the Company: (a) takes a record of holders of Shares shares of Series A Preferred Common Stock for the purpose of entitling them to receive a distribution payable in, or other distribution of, Shares shares of Series A Preferred Common Stock; (b) subdivides its outstanding Shares shares of Series A Preferred Common Stock into a larger number of Shares shares of Series A Preferred Common Stock; or (c) combines its outstanding Shares shares of Series A Preferred Common Stock into a smaller number of Shares shares of Series A Preferred Common Stock; then ; (i) the number of Shares shares of Series A Preferred Common Stock for which this Warrant is exercisable immediately after the occurrence of any such event shall be adjusted to equal the number of Shares shares of Series A Preferred Common Stock that a record holder of the same number of Series A Preferred shares of Common Stock for which this Warrant is exercisable immediately prior to the occurrence of such event would own or be entitled to receive after the happening of such event, and (ii) the Exercise Price shall be adjusted to equal (A) the Exercise Price immediately prior to such adjustment multiplied by the number of Series A Preferred shares of Common Stock for which this Warrant is exercisable immediately prior to the adjustment divided by (B) the number of Series A Preferred shares of Common Stock for which this Warrant is exercisable immediately after such adjustment.